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EOAN E. On SE

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Share Name Share Symbol Market Type
E. On SE XE:EOAN Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.00 -

E.ON Starts Operations at Netherlands Process Steam Generator

24/08/2020 11:23am

Dow Jones News


E. On (XE:EOAN)
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   By Cecilia Butini 
 

E.ON SE said Monday that it is starting operations at a process steam generator in Terneuzen, the Netherlands, which it previously built for chemicals company Dow Benelux BV with a 30-million-euro ($35.4 million) investment.

The German utility company will operate the plant as owner for 15 years under a partnership with Dow Benelux, the Netherlands-based subsidiary of U.S. chemicals company Dow Inc.

E.ON said it is in charge of operating the process steam generator as support for Dow's existing power plant in Terneuzen. The plant produces chemical intermediates and plastics which are manufactured as raw materials for other industries, E.ON said.

The company added that the plant utilizes gases that contain up to 45% hydrogen and that it meets new limits for nitrogen oxide emissions.

 

Write to Cecilia Butini at cecilia.butini@wsj.com

 

(END) Dow Jones Newswires

August 24, 2020 06:08 ET (10:08 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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